2707 Lake Shore Boulevard West, Toronto | Image 1

2707 Lake Shore Boulevard West

Toronto, Mimico

  • Commercial

$X,XXX,XXX
For Sale

Added 6 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: RA-Residential

  • Age: No Data

  • Taxes: 6975

  • MLS®#: W8289458

  • Days on Site: 183 Days

  • Added: Apr 29, 2024 (6 months ago)

  • Updated:

  • Last Checked: 5 hours ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

A unique opportunity to own a rarely available waterfront property only 10 minutes to downtown Toronto with 60 ft frontage on Lake Ontario. The property is currently an operating triplex with 3,685 sq ft of rentable area (includes 1,025 sq ft lower-level unit). Lower Level is 1,025 sq ft 900 sq ft apt includes 1 b/r, kitchen,Living/dining room, foyer, plus the laundry and furnace room. The property offers an Investor or end user an opportunity to improve/densify the existing building, hold it for aninvestment, or build their dream waterfront home. Live in the 3-level unit and collect rent! Detached 400 sq ft rear garage. Mutual drive and rear laneway access.

Extras

Mechanical updates (200 Amps,Gas Boiler, Windows, Wiring throughout, Plumbing). Suite updates. Great potential to densify the existing building and/or add a laneway suite. The Seller will hold a VTB mortgage for qualified buyers.

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Toronto

  • Community: Mimico

  • Availability Date: TBD

Inside

  • Bathrooms: 4

  • Air Conditioning: N

  • Washrooms: 4

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Water Radiators

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

  • Amps: 200

Parking

  • Garage Type: Double Detached

  • Covered Parking Spaces: 6

Fees

  • Tax Year: 2023

  • Taxes: $6,975

  • Taxes Type: Annual

Land

  • Cross Street: Lake Shore Blvd and

  • Municipality District: Toronto W06

  • Parcel Number: 076120113

  • Sewer: San+Storm

  • Lot Depth: 180 Feet

  • Lot Frontage: 35.76 Feet

  • Lot Irregularities: Irregular shape. see

  • Zoning: RA-Residential

Commercial Specific

  • Sprinklers: N

  • Total Area: 3685

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Lot

  • Survey: Y

  • Soil Test: N

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Very Walkable

  • Most errands can be accomplished on foot.
82 /100

Good Transit

  • Some errands can be accomplished by public transportation.
64 /100

Very Bikeable

  • Most errands can be accomplished on bike.
86 /100
JK-5

George R Gauld Junior School

Elementary: Public
2.05 km
JK-5

Seventh Street Junior School

Elementary: Public
0.65 km
JK-8

St Teresa Catholic School

Elementary: Catholic
1.05 km
JK-8

St Leo Catholic School

Elementary: Catholic
1.36 km
JK-8

Second Street Junior Middle School

Elementary: Public
0.35 km
JK-8

John English Junior Middle School

Elementary: Public
1.09 km
9-12

The Student School

Secondary: Public
6.32 km
9-12

Lakeshore Collegiate Institute

Secondary: Public
1.81 km
9-12

Etobicoke School of the Arts

Secondary: Public
3.23 km
9-12

Etobicoke Collegiate Institute

Secondary: Public
5.71 km
9-12

Father John Redmond Catholic Secondary School

Secondary: Catholic
1.79 km
9-12

Bishop Allen Academy Catholic Secondary School

Secondary: Catholic
3.60 km
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